IGF Options History — February 2021

In February 2021, IGF traded between $43.24 and $44.64. ATM implied volatility averaged 25.2%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 8.0% (HV 20d: 17.2%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-02-26: Highest Volume — 110 contracts
  • 2021-02-25: Largest IV spike — 51.3% change
  • 2021-02-01: Highest IV Rank — 20.5%
  • 2021-02-01: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.98$43.24$44.64$43.26$43.24
Max Pain$46.20$45.00$47.00$47.00$45.00
ATM IV25.2%19.8%45.1%45.1%24.8%
Expected Move6.9%5.5%12.9%12.9%7.1%
HV 20d17.2%15.3%18.5%17.9%15.3%
HV 60d16.2%15.0%19.4%19.3%15.3%
IV Rank6.5%2.7%20.5%20.5%5.5%
IV Percentile13.2%2.8%65.1%65.1%11.5%
Term Structure-3.6%-12.7%0.6%-12.0%-4.3%
VWIV19.8%19.8%19.8%19.8%19.8%
Skew 25d6.9%-0.4%34.7%27.3%7.7%
Skew 10d14.5%3.6%37.4%32.1%8.6%
Call IV 25d22.2%18.4%28.2%27.8%20.9%
Put IV 25d29.1%20.0%55.2%55.2%28.6%
Bid-Ask Spread %162.32142.03187.68185.48155.83
Gamma HHI0.250.210.280.250.22
Net GEX10.8K8.3K13.1K9.9K10.9K
Net DEX-109.6K-138.5K-89.9K-98.8K-106.1K
Net VEX-625-834-544-578-740
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.05301102110
Total OI78.36861867882

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-02-01$43.26$47.0045.1%12.9%17.9%20.5%0.0%27.3%-12.0%9.9K-98.8K-5780.00185.4820780
2021-02-02$43.87$47.0043.0%12.3%18.5%19.3%0.0%34.7%-10.4%9.8K-123.4K-6580.00187.6830800
2021-02-03$44.02$47.0022.5%6.5%18.3%8.2%0.0%3.0%-5.0%10.5K-97.5K-5930.00157.2900800
2021-02-04$43.96$0.0021.1%7.5%17.3%7.4%0.0%3.4%-3.2%10.7K-108.6K-6180.00160.0700800
2021-02-05$44.35$0.0026.3%5.7%17.6%6.4%0.0%2.9%-0.2%12.3K-118.4K-6340.00153.4100800
2021-02-08$44.53$0.0028.1%5.5%17.6%7.4%0.0%-0.4%-4.6%13.1K-120.7K-6250.00161.4300800
2021-02-09$44.26$0.0028.6%5.7%17.5%7.7%0.0%2.7%0.0%12.0K-115.1K-6100.00160.8000800
2021-02-10$44.26$0.0020.3%5.8%17.5%2.9%0.0%3.3%-0.6%12.3K-113.7K-6050.00160.2300800
2021-02-11$44.24$0.0020.6%5.9%17.4%3.1%0.0%2.6%-0.1%12.3K-112.6K-6010.00160.6300800
2021-02-12$44.06$0.0020.0%5.7%17.2%2.8%0.0%2.9%0.6%11.5K-104.6K-5780.00161.4600800
2021-02-16$44.05$0.0020.8%6.0%16.9%3.2%0.0%2.5%-0.1%11.7K-106.1K-5670.00163.4810800
2021-02-17$43.92$0.0020.6%5.9%16.9%3.1%0.0%2.3%-0.3%11.5K-96.6K-5440.00159.9000800
2021-02-18$43.64$0.0020.2%5.8%16.8%2.9%0.0%0.8%-3.6%8.7K-102.6K-5570.00162.5360800
2021-02-19$43.55$0.0021.1%6.1%16.6%3.4%0.0%3.5%-2.5%8.3K-89.9K-5620.00162.0400860
2021-02-22$43.68$0.0022.6%6.5%16.4%4.3%0.0%2.3%-3.2%8.4K-94.0K-5720.00164.0000610
2021-02-23$44.40$0.0022.9%6.6%17.4%4.4%0.0%6.1%-3.5%9.1K-108.5K-5980.00159.02190610
2021-02-24$44.64$0.0019.8%5.7%17.5%2.7%19.8%7.1%-2.6%12.0K-138.5K-8340.00142.03120790
2021-02-25$43.74$45.0029.9%8.6%15.9%8.4%0.0%15.7%-12.7%10.8K-127.2K-8060.00166.7600820
2021-02-26$43.24$45.0024.8%7.1%15.3%5.5%0.0%7.7%-4.3%10.9K-106.1K-7400.00155.831100820